MedLife sale to finance NauticLife

The Marcu-Cristescu family, founders of the Medlife private clinic network, will invest the money it received from SGAM Eastern Europe, the private investment fund of Société Générale Asset Management, for its 29 percent Medlife share package, in NauticLife, a project in the Danube Delta for the sale of tourist boats, according to Mihai Marcu, President of Medlife’s Board of Directors. The remaining 7.25 percent share in Medlife was sold by the International Finance Corporation.